progress payment

简明释义

按进度分期付款

英英释义

例句

1.To maintain cash flow, the company relies on progress payments 阶段性付款 throughout the construction process.

为了维持现金流，公司依赖于整个施工过程中的progress payments 阶段性付款。

2.After receiving the progress payment 阶段性付款, the subcontractor was able to purchase necessary materials for the next phase.

在收到progress payment 阶段性付款后，分包商能够购买下一阶段所需的材料。

3.The contract specifies that progress payments 阶段性付款 will be made every month based on the percentage of work completed.

合同规定将根据完成工作的百分比每月进行progress payments 阶段性付款。

4.The contractor submitted an invoice for a progress payment 阶段性付款 after completing the first phase of the project.

承包商在完成项目的第一阶段后提交了一个<progress payment> 阶段性付款的发票。

5.Before issuing a progress payment 阶段性付款, the project manager must verify the work completed.

在发放progress payment 阶段性付款之前，项目经理必须核实已完成的工作。

作文

In the world of construction and project management, the term progress payment is frequently used to describe a crucial financial concept. A progress payment refers to partial payments made to a contractor or service provider during the course of a project, rather than waiting until the entire project is completed. This payment structure is beneficial for both parties involved: it provides cash flow to the contractor while ensuring that the client only pays for work that has been completed satisfactorily. The significance of progress payments can be seen in various types of projects, including residential construction, commercial developments, and large-scale infrastructure projects. For instance, in residential construction, a homeowner may agree to make progress payments at different stages of the project, such as after the foundation is laid, when the framing is completed, and finally upon completion of the interior work. This arrangement not only helps the homeowner manage their budget but also motivates the contractor to maintain a steady pace of work.Moreover, progress payments are often outlined in the contract terms before the project begins. These terms typically specify the milestones that trigger each payment, the amount of each payment, and the criteria for assessing whether the work meets the agreed-upon standards. By clearly defining these elements, both the client and the contractor have a mutual understanding of expectations, which can help prevent disputes.In addition to fostering transparency and accountability, progress payments can also mitigate risks associated with project financing. For contractors, receiving timely payments based on completed work reduces the financial burden of covering labor and material costs upfront. For clients, it ensures that they are not paying for incomplete or unsatisfactory work, as payments are linked to specific deliverables.However, it is essential for both parties to communicate effectively throughout the project to ensure that progress payments are made promptly and accurately. Delays in payment can lead to strained relationships and may even halt project progress if contractors face cash flow issues. Therefore, maintaining an open line of communication and setting realistic timelines for both work completion and payments is vital.In conclusion, progress payments play a fundamental role in the construction industry by facilitating financial transactions between clients and contractors. They help manage cash flow, motivate timely project completion, and minimize disputes. Understanding the concept of progress payments is essential for anyone involved in project management, whether as a contractor, client, or stakeholder. By embracing this payment structure, both parties can work towards a successful project outcome, ensuring that the project is completed efficiently and to the satisfaction of all involved.

在建筑和项目管理领域，术语进度付款常常被用来描述一个重要的财务概念。进度付款指的是在项目进行过程中向承包商或服务提供者支付的部分款项，而不是等到整个项目完成后再支付。这种付款结构对双方都有好处：它为承包商提供了现金流，同时确保客户只为已完成的满意工作付款。进度付款的重要性可以在各种类型的项目中看到，包括住宅建筑、商业开发和大型基础设施项目。例如，在住宅建筑中，房主可能同意在不同阶段进行进度付款，例如在基础打好后、框架完成时以及最后在室内工作完成时。这种安排不仅帮助房主管理预算，还激励承包商保持稳定的工作进度。此外，进度付款通常在项目开始之前的合同条款中列出。这些条款通常会具体说明触发每笔付款的里程碑、每笔付款的金额以及评估工作是否符合约定标准的标准。通过明确这些要素，客户和承包商对期望有了共同的理解，这有助于防止争议。除了促进透明度和问责制外，进度付款还可以降低与项目融资相关的风险。对于承包商来说，根据完成的工作及时收到付款可以减少承担劳动力和材料成本的财务负担。对于客户来说，它确保他们不会为未完成或不满意的工作付款，因为付款与特定可交付成果挂钩。然而，对于双方来说，在整个项目中有效沟通至关重要，以确保进度付款能够及时准确地进行。付款延迟可能导致关系紧张，甚至可能在承包商面临现金流问题时停止项目进展。因此，保持开放的沟通渠道并为工作完成和付款设定现实的时间表是至关重要的。总之，进度付款在建筑行业中发挥着基础性作用，通过促进客户和承包商之间的财务交易。它们帮助管理现金流、激励及时完成项目并最小化争议。理解进度付款的概念对于任何参与项目管理的人来说都是至关重要的，无论是作为承包商、客户还是利益相关者。通过采用这种付款结构，双方都可以朝着成功的项目结果努力，确保项目高效完成并令所有参与者满意。